ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE   ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL President Bola Ahmed Tinubu has asked the Senate to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).   The requests followed the resignation of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC. Both officials were appointed in 2021 by former President Buhari to lead the two regulatory agencies created by the Petroleum Industry Act (PIA).   To fill these positions, President Tinubu has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.   The two nominees are seasoned professionals in the oil and gas industry.   Eyesan, a graduate of Economics f...
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COURT ORDERS FINAL FORFEITURE OF N1,260,000,00.$327,132.35,£167.85, € 157.90,SUSPECTED TO BE PROCEEDS OF AN UNLAWFUL ACTIVITIES TO FG.{PHOTO}.#PRESS RELEASE.

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   Justice A. Obiozor of the Federal High Court sitting in Ikoyi, Lagos has ordered the final forfeiture of the sums of N1,260,000,000, $327,132.35, £167.85 and €157.90 recovered by the Economic and Financial Crimes Commision, EFCC, to the Federal Government. 
The order came following an ex parte application filed by the Economic and Financial Crimes Commission, EFCC, against Heritage Bank Plc and Secure Electronics Technology Limited.
The funds were discovered, following an intelligence report received by the Commission.
The persons in whose possession the funds were found did not lay claim to them and surrendered them for forfeiture.
In an affidavit in support of the application, the applicant stated that “Heritage Bank did not provide any legitimate explanation for the above transactions (involving the sums) and consequently returned the said money through 16 separate bank drafts issued in favour of the EFCC Recovered Funds Account."
Justice Obiozor, in his ruling on August 15 , 2018, had ordered the interim forfeiture of the monies, which were reasonably suspected to be proceeds of unlawful activities, to the Federal Government.
In line with the court order of August 15, 2018, the EFCC had published the interim forfeiture order in the Nation newspaper of August 21,2018 for the correspondents or anyone interested in the money to show cause why the funds should not be permanently forfeited to the Federal Government.
At the hearing on Tuesday, November 13, 2018, the applicant, through its counsel, Ekene Iheanacho, said the respondent had not shown up to lay claim to the money, despite being served with the earlier interim order of forfeiture, motion for final forfeiture and hearing notices on the action.
He , therefore, urged the Judge to order the funds to be permanently forfeited to the Federal Government.
In his ruling, Justice Obiozor held that " the applicant has proved on the balance of probabilities that the funds recovered from the respondents by the applicant were reasonably suspected to be proceeds of unlawful activities."
The Judge, therefore, 
ordered that the various sums of money be permanently forfeited to the Federal Government
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